European Merchant Bank and AMLYZE have entered into a partnership aimed at strengthening the bank’s AML and counter-terrorist financing framework.
The partnership has been established as part of European Merchant Bank’s broader strategy to continuously enhance its compliance posture and maintain strong trust with regulators, partners and clients. Operating under the direct supervision of the European Central Bank, the bank faces some of the highest regulatory expectations in Europe, prompting a proactive investment in technology to support robust, scalable and future-proof AML and CFT controls.
Under the agreement, European Merchant Bank will deploy the full AMLYZE product suite. This includes Transaction Monitoring, Customer Risk Assessment, AML Investigations, Customer Screening and Payment Screening. Together, these capabilities are designed to improve risk detection, streamline investigations and enable more efficient compliance operations as the bank continues to grow its SME and FinTech client base across Europe and beyond.
European Merchant Bank provides banking services tailored to SMEs and FinTechs, with a focus on cross-border payments, safeguarding and other specialised financial services. As its client base expands, the bank is placing greater emphasis on governance, operational resilience and alignment with evolving supervisory expectations across the European regulatory landscape.
AMLYZE, meanwhile, develops end-to-end AML and CFT solutions shaped by the practical experience of former regulators and AML practitioners. Its platform is designed to help financial institutions translate regulatory requirements into effective, auditable processes, combining advanced analytics with strong governance and transparency. This regulatory DNA was a key factor in European Merchant Bank’s decision to select the provider.
Beyond the technology deployment, the partnership has been highlighted as a positive signal for the Lithuanian financial ecosystem. Industry representatives have pointed to the collaboration as evidence of increasing maturity within the country’s banking and FinTech sectors, particularly as locally developed RegTech solutions are adopted by regulated institutions operating under EU-level supervision.
“European Merchant Bank’s decision to invest further in AML/CFT and partner with AMLYZE reflects a clear and forward-looking commitment to regulatory excellence,” AMLYZE CEO and Co-Founder Gabrielius Erikas Bilkštys said. “As a bank licensed by the European Central Bank, EMBank operates under the highest supervisory standards. Our platform, built by ex-regulators and AML experts, is designed precisely to help institutions meet those expectations with confidence, transparency, and operational efficiency.”
“At EMBank, we view compliance not as a checkbox, but as a core pillar of sustainable banking. Partnering with AMLYZE strengthens our AML/CFT framework and supports our long-term vision of responsible growth. Their regulatory DNA and comprehensive product suite give us the tools we need to further enhance our controls while continuing to serve SMEs in Lithuania and fintechs globally,” European Merchant Bank CEO Sarp Demiray commented.
“It is encouraging to see Lithuanian banks continuing to invest in stronger AML/CFT capabilities. In today’s environment, effectiveness matters as much as formal compliance – so choosing reliable, proven technology partners is essential. Such decisions help ensure consistent supervisory outcomes and reinforce confidence in the Lithuanian banking system,” Lithuanian Banking Association president Dr. Eivilė Čipkutė said.
“This partnership reflects the level of maturity the Lithuanian fintech ecosystem has reached,” Fintech Hub LT CEO Greta Ranonytė said. “We increasingly see fintechs and banks that have grown in Lithuania choosing compliance technologies developed locally. The ability to source advanced, end-to-end AML solutions within the same market demonstrates not only technological depth, but also a high level of trust and sophistication across the ecosystem.”
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